Legal

All the lobbyist money in the world cannot trump science - or can it? Who will win the war for a Uniform Fiduciary Standard?

A retirement committee is considering a bill under which all school employees would continue to pay at least 3 percent of salary toward retiree health care.

The South Dakota Legislature acted legally when it trimmed the annual cost-of-living increase for retirees in the state's public pension plan during the recent economic crisis, a state judge ruled Wednesday.

The Detroit News reports that a failed $10 million pension fund loan that led to a businessman's suicide and an international manhunt started with a $100,000 bribe to former Detroit Mayor Kwame Kilpatrick's father.

Washington lawmakers agreed Tuesday to reduce benefits for future state workers who take early retirement, making a pact that had eluded them for months and delayed final action on the state budget.

Montana Gov. Brian Schweitzer proposed an aggressive public pension fix Tuesday, a plan that comes as he nears the end of his term and one that faces a very uncertain future when it goes to his successor and the Legislature next year for potential implementation.